In addition to Apple, Nokia and Microsoft are the main beneficiaries of Samsung’s stumble to Apple says Analyst
Nokia’s share prices. Not something we post about here for various reasons (we’re not investors or capable of /want to give trading advice) as it’s not entirely indicative of the company’s performance – more it portrays the confidence (or in other instances, lack of) in what Nokia is doing.
For those interested in that, here’s an interesting article:
http://stocks.about.com/od/gettingstarted/a/082211-The-Importance-Of-A-Stocks-Share-Price.htm
Since July 18th, Nokia has been perplexing with a gradual recovery in stock value. Helped slightly with better than expected (the worst was expected) Q2 results, strong performing Ashas and prospect of upcoming Lumia WP8. Another thing playing into Nokia’s hands is Samsung’s slight ‘stumble’ against Apple.
Sami Sarkamies, ‘analyst’ from Nordes said:
In addition to Apple, we name Microsoft and Nokia as the main beneficiaries from this outcome
http://www.reuters.com/article/2012/08/27/us-nokia-shares-idUSBRE87Q05B20120827
A Nomura ‘analyst’ added:
We think that the real winner hear will be Microsoft and the Windows Phone ecosystem…
…As Android and Apple tear each other apart, Microsoft has been waiting in the wings and is in a very good position to move in and entice users to switch from Android to Microsoft, as we have already seen that user loyalty is low
http://www.reuters.com/article/2012/08/27/us-nokia-shares-idUSBRE87Q05B20120827
Every little helps I guess and Nokia does need all the help it can get.
Category: Nokia
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